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All the news from Keningtons.

Keningtons act as Independent Valuers for Ground Rent Fund15 October

The Coast Freehold Income Fund returned -0.10% in September bringing the YTD performance to 1.04%.

The market value of the Keningtons Long Lease Index and Very Long Lease Index were unchanged on the month.

The fund is still actively seeking out opportunities and were recently successful on a bid for a property in Cornwall. 

New Restaurant for Baker Street11 October

Acting on behalf of Plimto Properties, Keningtons secured Rosa Thai as the new tenant at 100 Baker Street, a ground floor and basement restaurant in Marylebone. The former Bella Italia occupies a prime position on Baker Street next to the Everyman theatre and Rosa Thai will benefit from pre-movie meals as well as the high volume of tourists. Jill Howells comments it is good to see a restaurant business expanding after such difficult times in the F & B sector

Freehold for Sale in Chelmsford08 October

Keningtons are marketing a three storey office building in Duke Street, Chelmsford, on behalf of GMB. The property provides a total of 1,192 sq ft and whilst currently office use, could be suitable for a variety of alternative uses. The property is available freehold with vacant possession.  Keningtons have appointed Coke Gearing in Chelmsford to act as our joint local agent. The marketing particulars are available to download from the property section of our website. 

New café for Shrivenham Hundred Business Park23 August

Acting on behalf of the owners of Shrivenham Hundred Business Park, Denton & Gibson and Checkmore, Keningtons are pleased to announce that the on site café facility has new tenants and will be now be home to McCtaffs Cakes. McCtaffs are currently undertaking a fit out which will see a new modern décor, and will be opening in early September. Jeremy Sutton of Keningtons comments, “We have seen a gradual increase in the number of staff returning to their offices at Shrivenham since the lockdown has been lifted and it is great this coincides with the reopening of the café” Chris Solly of Checkmore adds “ It was very important to the us to ensure that the café was let to tenants who have a proven catering business and will provided quality food and service to the occupiers on the Park” . Lyndsey McCabe , owner of McCtaffs Cakes comments “ We are delighted to be moving to Shrivenham and welcoming all those who work there as well as the wider community through the door.”

UNISON let office space to The Open University in Cardiff.16 August

Acting on behalf of UNISON, Keningtons are pleased to announce the letting of the 2292 sq ft ground floor office suite at Unison House, Custom House Street, Cardiff to The Open University. The suite has been taken on a new 3 year lease with flexibility built in for the Open University by way of break options. The suite is conveniently located adjacent to The Open University’s main building in Cardiff. Keningtons appointed the Cardiff office of JLL to work with us as the local joint agent.

Unison House is owned by UNISON who occupy all of the remaining space. Keningtons also manage the property on behalf of UNISON.

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